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Why Is This Ferrari California T Selling For Crazy Money?

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It costs even more than a 488 Pista.

In the pantheon of rare Ferrari models, the California T is far from the most desirable. The California T was the replacement for the California from 2017 to 2018 and acted as the base model in the Ferrari lineup. It was powered by a 3.9-liter twin-turbo V8 engine producing 552 horsepower with torque up at 557 lb-ft, so it was no slouch with a 0-60 time of just 3.5-seconds. But in terms of rarity, the California T is one of the most common Ferrari models. So why is this one about to sell for more money than a new 488 Pista?

The California T in question is a 2018 70th Anniversary Edition. Ferrari celebrated its 70th anniversary in 2016 by releasing custom models from across its range in a program called Taylor Made. Each of the 70 cars featured a unique livery along with its own assigned number and name based on a historic Ferrari model. This California T was inspired by the 1987 F40 in 'Monte Shell' livery. The paint scheme is called 'Tailor-Made' Livery No. 54: "Celebrating an Anniversary" and this is the only California T and one of only five cars with Livery No. 54.

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The car itself is a UK model with only 73 miles on the odometer and it will be sold at the Silverstone Auctions on July 27 and 28. Silverstone predicts the car will sell between £255,000 to £285,000 ($323,000 to $361,000), which is an extremely high amount for a California T. Being one of only 70 Taylor Made cars certainly adds some value, but it seems a bit silly to pay so much for a California T just because it is painted white with a red and yellow stripe. If it were our money, we'd save about $200,000 to buy a used California T and just have it wrapped.